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Can someone tell me what the real purpose of RED ? For what are they building this platform and all the Wifi Smart Meters and other partnerships that they have been creating
RED Platform is a decentralized energy trading platform on the blockchain. It offers Peer to Peer direct energy trading between energy consumers and energy producers. The WiFi Smart meters will be installed in consumers' homes and will be able to register energy consumption in real time on the SWAZM blockchain. This is huge. The RED platform wants to create a human connection between the consumers and the producers. Like other platforms in the market, they make the connection between the supply and demand |
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From what I understood SWAZM is the way for buying and selling the energy produced by the solar panels, am I close? But I still don't understand the mining part ...
Hey Hazies SWAZM is the blockchain which the RED app will be based upon. Since the platform will allow users to trade their energy, it is safe to say that the trading of solar energy will also be based on the blockchain of SWAZM. Don't be confused with SOLARA which will enable users to have a better track of energy which has been produced by solar panels. In regards to the mining, the 'mining' option is simply a package that RED will offer to its consumers. The mining rigs are solar panels or other renewable generation units (probably solar). They produce electricity and people use it for their homes first, and the excess gets used to power a GPU (or CPU, depending) that then mines minable cryptocurrencies, which then RED would buy with MWAT from the prosumers in question. The minable tokens will be mined without hassle to the prosumer - it'll be done by the mining rig automatically once it covers the electricity that the home uses. Thank you, now it's more clear for me how the "mining" part works, basically, you don't have to do anything else in addition for mining |
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From what I understood SWAZM is the way for buying and selling the energy produced by the solar panels, am I close? But I still don't understand the mining part ...
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Nice concept. It's an inovative idea and i think it's gonna have a huge impact on the market. It's good to promote personal data
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This is a pre warming of the project, from the name of the good watch it, boiling up, waiting for your good news
Well, everyone is waiting for something approachable, so we can wrap our " hands " around it, no doubt.   I guess, we can all agree on the same opinion. Things are going in the right direction,let's just hope we are behind it all the way up ! |
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This is a pre warming of the project, from the name of the good watch it, boiling up, waiting for your good news
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Once they open the PDATA market in all europe ( Currently is a on-going market ) i wonder what is going to happen with the data broker prices ? Prices will drop in Europe to remain competitive ?
That's a fact, actually. Competitioners like data brokers won't be able to keep their prices, they have to update the fees in order to remain competitive and provide a successfull approach. |
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Too bad I did not invest in this ICO but now after reading last pages I am sure it is still worth investing in it , going to buy some ICO prices do strange things sometimes and this price is very undervalued, lets see the difference between now and let's say 2 / 3 weeks.
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When this coins reach huge trading platforms like Poloniex or Bittrex, they will surely patronize this coins so its realy worth investing and keeping this coins until they hit the moon.
I am also waiting for that update If they can work with other big exchanges. It will be a good because you can now buy and trade their coin freely. You can also store it for future purposes. You are right, they will become popular if the coin will be listed in large exchanges. But it needs to have a lot of budget because listed in those exchanges is really expensive. Listing in big exchanges makes the investors feels like their being secured. I'm hoping this coin will really get listed in big exchanges so that people who invested in this platform will be at least they feel safe. You are right, but listing in that large exchanges will surely need a lot of funds because poloniex and bittrex are requiring a very expensive fees to be listed in their site. |
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Can we imagine a possibility where things go like this : It was listed on 2 different platforms, the price dropped,but it will go up, with a bigger impact than the impact of decreasing ?
Anything is possible, why not. This is not something you can predict or say it's 100% whatsoever. You think this is the one of the few ico's with this " issue " ? naah, a lot of them had this problem and they recovered shortly. |
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Can we trust the coin itself will reach a higher peak,so we can start buying units and to grow a portfolio or should we simply hold until further updates ?
Keep one thing in mind : Those who claim to know what's better for you,or how you should invest with 100% guarancy, they are not even from this planet. They are probably just chit-chating all day,without having no clue of what's really happening. If you ask what i would do,it would be like this : I will give this ICO a chance, i will make some buy orders and keep them in " stash " for some time,but with an eye open on them. |
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What do you think about the current price of MWAT ? It's nomal to be cheaper than it was on the ICO ?
Of course not. Everyone was under impression that the coin explode once they get listed in consecutive days on 2 different platforms. Well,i'm not surprised. A lot of ICO's had a downswing in the first days after they got listed on a platform, nothing unusual The current price of MWAT is very good for possible buyers. If you wanna " be smart " and buy now, if you trust the project will bump soon, it's the perfect time to load money into it, simple. If you don't have faith in this project,if you think this ICO will not have a significant progress in a short-term,you can ask those questions,why not. |
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I might sound stupid, but is Okex a better exchange than Etherdelta, for example ?
Definetly. You cannot compare ether's delta's coding system to Okex |
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So what do you guys think, is RED gonna succeed in reaching top 3 as coin in other exchanges ?
Since they did on kucoin,it might be an option. I am crossing my fingers,the coin will receive a significant boost in its price, since they will get more " playgrounds " to transact the coin I don't mind. I bought RED coins for 5 ETH. If they successfully get listed on okex soon,i will buy even more. |
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I've made some profit with MWAT
Yeah , I bought some, but I'm not planning to sell it soon Have you guys traded MWAT since it was listed on Kucoin ? Just made an account on Kucoin for this coin I'm not gonna invest until I read the withepapaer, do you have a link to it ? |
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Before creating a coin and defining your ticker for the coin it is usually a clever idea to check if the names and/or ticker have already been used by others. In your case it is not a problem so you will not have problems listing the token on the market and exchanges like other coins.
Looks super cool, the name of the token defines and describes it very well. Excited ! |
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How many members are on telegram community ?
Around 14k ,and it keeps going up Can you please post the name of the telegram group, sorry if this question has been asked before |
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So what,if the coin is listed on OKEX, should i expect a raise in its cost ? I mean,if this is a legit question,i can spare some ETH to buy them before listing.
A lot of people did a ballsy move, to invest a big amount before the token is being listed. We shall see once we receive the confirmation. I suppose it's a logic thought, to expect a coin to be increased in price once it's being listed on a big platform such as OKEX exchange. |
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Once they are gonna get listed,I have a feeling that the price is going to bump on a big scale
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Some of us are being active members in different groups on discord. Me personally,i was seeing some whales are trying to do a coordinated move, to buy big amounts once they get listed on Kucoin.
If they are doing such a coordinated action,a big amount of coins are going to be on hold and the price will stay stable, until they start re-selling on the market. I was seeing some different opinions, and I feel like I need more time to think about this investment. Good points of view, but i'm waiting a bit more. |
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